Insights
Keeping you up to date on industry trends so you maintain your competitive edge and provide timely, accurate coverages for your clients.

How to Talk to Clients about Reinsurance and Rising Property Rates
The property insurance market in North America has seen staggering price increases of 20-30%. Understandably, policyholders want to know why. There isn’t a single, straightforward answer unfortunately. The rise in prices is due to a “perfect storm” of factors, including things like the recent uptick in natural disasters, inflation, supply chain disruptions, overdue valuation adjustments,...

What’s The Difference between Garage Liability and Garagekeeper’s Insurance?
Do your clients know the difference between garage liability and garagekeepers insurance? While they may sound similar, they can be wildly different from each other, making it more than important to know exactly what is covered and what is at risk. To break it down easily, the difference in coverage is spelling out the difference between...

Cyber Liability continues to be a big issue for all industries
Clients are asking their agents for more information about this emerging coverage Any organization that either has a computer network, handles confidential information, or collects and transacts with personal identifiable information is at risk of a data breach. This exposure has the ability to pose a significant financial threat to any business...

Proper Coverage for Abuse and Molestation are Critical to a Social Service Agencies Welfare
While abuse claims and allegations are few in number for a social service agency, the cost in public reputation can be devastating. When you couple that with the cost to defend, plus any potential payment for a judgment, the client can be driven out of business by a single claim. Abuse claims can occur between an employee and consumer, or between...

Jencap Holdings to Acquire Genesee General, a Specialty Insurance Business
Jencap, a specialty insurance business, announced today that it has agreed to acquire privately-held Genesee General, a managing general agency, program administrator and wholesale insurance broker based in Alpharetta, Georgia.

Jencap Holdings Acquires Special Risks Facilities
July 12, 2017 Jencap Holdings LLC announced today that it has agreed to acquire privately held Special Risks Facilities, Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan with another office in Peoria, Arizona. Special Risks was formed in 1971 and has been led by Jack Klebba and...

Jencap Holdings Acquires NIF Group
December 9, 2016 Jencap Holdings LLC announced today that it has agreed to acquire privately held NIF Group, Inc. (NIF), a managing general agency, program administrator and wholesale insurance broker based in Manhasset, New York, with six offices located on the east and west coasts of the United Sates. NIF was formed by Michael Orlando in 1976...

Jencap Holdings Agrees to Acquire NIF Group in New York
INSURANCE JOURNAL December 8, 2016 Jencap Holdings LLC, a New York-headquartered consolidator of specialty insurance distribution and program management businesses, has agreed to acquire privately held NIF Group Inc. (NIF), a managed general agency, program administrator and wholesale insurance broker based in Manhasset, New York. NIF was formed...

Jencap Holdings Acquires Missouri-Based M.J. Kelly Co.
INSURANCE JOURNAL September 22, 2016 New York-based Jencap Holdings LLC has acquired privately held M. J. Kelly Co. (MJK), a managing general agency and wholesale insurance brokerage based in Springfield, Missouri, with offices in nine states throughout the Midwest and Southeast. Since 1986, MJK has been owned and operated by Jim Adams who was...

Jencap Holdings Acquires M.J. Kelly Company
September 19, 2016 Jencap Holdings LLC announced today that it has completed the acquisition of privately-held M. J. Kelly Company (MJK), a managing general agency and wholesale insurance brokerage based in Springfield, Missouri with offices in nine states throughout the Midwest and Southeast. Since 1986, MJK has been owned and operated by Jim...

Jencap Holdings LLC to Acquire Assets of Wholesale Trading Co-Op Insurance Services
March 10, 2016 New York – Global alternative asset manager The Carlyle Group (Nasdaq: CG) today announced that it has agreed to acquire a majority stake in wholesale insurance broker Jencap Holdings, LLC and the assets of Wholesale Trading Co-Op Insurance Services, which will be re-named Wholesale Trading Insurance Services, LLC. Wholesale...
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